The Milwaukee Area Technical College (MATC) educational master plan is a 5-year operational action plan to implement the MATC Board's Strategic Planning Statements of 1983 and 1985. Chapter I of the plan provides a brief history of educational planning at the college and MATC's mission statement. After chapter II presents an analysis of the…

Administrators should examine the role and limitations of their budgeting systems and consider overemphasis on control of spending rather than efficiency or effectiveness, limitations on cash-based budgeting, need for information on operating costs, and the short range and fragmented nature of most budgets. (MSE)

Long-range financial planning for plant renewal and upkeep is discussed. Traditional approaches and financial equilibrium planning approaches are described, as well as funding sources and expending these funds. (MLW)

Indiana University-Purdue University at Indianapolis is the first public institution to implement Responsibility Center Management (RCM), a comprehensive decentralized, incentive-base financial management system. RCM has strengthened academic planning, budget management, general accountability, and multiyear fiscal planning. Organizational…

Modern scientific management techniques provide college administrators with valuable planning and resource allocation insights and enhances the decision process. The planning model should incorporate assessment, strategic planning, dynamic and long-term budgeting, operational planning, and feedback and control for actual operations. (MSE)

Designed for institutional leaders facing fundamental questions of changes in mission, goals, external relations, and internal priorities, this collection offers an introduction to strategic planning and descriptions of planning processes at several community colleges. Section I includes the following essays: "What Is Strategic…

Designed to clarify issues related to the definition and implementation of strategic planning, this paper presents an an examination of several themes that are central to the practical side of planning and budget development. Introductory material considers the utility of the strategic planning approach and points to three areas of higher…

A historical, incremental method for allocating resources in the Institute for Advanced Studies in recent years is being replaced by a new approach involving the identification of purposes and pursuits and evaluation of their importance. Greater responsiveness to unit needs is the objective. (MSE)

Five principal products of an integrated academic, fiscal, and facility planning process are discussed: an academic plan, a physical development plan, institutional priorities, a capital budget, and an operating budget. Criteria for successful implementation of a planning process that integrates these five plans are offered. (Author/MLW)

Effective college planning in a period of reduced resources requires that a comprehensive long-range plan, based on consensus, be in place before budgeting begins, so essential resources will not be damaged. The starting point for planning is a well-stated conception of the institution and of its subsystems and their interactions. (MSE)

This collection of papers explores various aspects of strategic planning at Linn-Benton Community College (LBCC). First, an overview is presented, clarifying what strategic planning is not and describing the strategic planning at LBCC and its objectives (i.e., to develop a plan utilizing community and internal assessments that can be developed…

Methods used at the University of Richmond to rethink its mission and develop a five-year plan with budgets are outlined, including setting up task forces, keeping to deadlines, budgeting, allowing minority views, keeping the trustees apprised and committed, and getting faculty reactions. (MSE)

This paper integrates principles of Total Quality Management (TQM) with those of investment for institutions of higher education. TQM with investment budgeting as one of its critical tools is seen to be essential for effective management in a time of decreasing financial resources. A process for investment budgeting is outlined and explained…

Two hundred college and university vice presidents of finance were questioned about the evaluation processes currently used by their institutions in making resource allocation decisions. A strong parallel with hospital budgeting was found, with prestige maximization subject to some overall budget constraint. A longer range approach to academic…

Following six years of across-the-board internal budget reallocations, Penn State initiated a rolling five-year planning and budget process. It provides for more selective budgetary decisions based on careful analysis of university priorities. (Author/MLW)